Category Archives: PolarityTE

PolarityTE’s Hairy Tease

My past posts on skin regeneration company PolarityTE are worth a reread for background information. The only reason I keep covering this Utah-based company is because the new skin they claim to be able to regenerate will include new hair follicles. The company is also led by some highly reputable and experienced scientists.

In the past, PolarityTE even had a photo of a balding man on their site getting treatment on his scalp. Although this photo has since disappeared, we all hope that the company can regrow scalp hair by regrowing scalp skin.

PolarityTE and Hair Follicles

In March, scientists from PolarityTE in collaboration with others published an important new study: In vivo expansion and regeneration of full‐thickness functional skin. The below caught my eye:

PolarityTE Hair and Skin

Moreover, in a recent Australian radio interview, PolarityTE’s CEO said the following:

PolarityTE CEO Interview

PolarityTE Fights Back

PolarityTE is an interesting new skin (and potentially hair) regeneration company that I have covered on this blog several times during the past year. My main reason for taking the company seriously has been due to its highly experienced staff (including doctors, surgeons and research scientists).

Moreover, a few months ago, they even showed an image of a balding scalp regrowing some hair on their website. This has since been removed, but I discussed it in the bottom half of this post.

PolarityTE’s main product is known as SkinTE, which supposedly grows new hair-bearing skin. According to the company:

“SkinTE has resulted in regenerative full-thickness healing of skin with all its layers (epidermis, dermis and hypodermis) and its appendages (hair follicles, glands, etc.).”

PolarityTE Responds to Citron Research

On September 18th, PolarityTE’s stock market ticker symbol was changed from “COOL” to “PTE”.

Earlier this week, Citron Research published a highly critical article about PTE on its home page. This article remains there as of today, and is described as being “what might (be) our shortest but most damaging report to date”.

Several of the conclusions are pretty wild, with the below being being the most striking:

“And we believe the stock is a ZERO.”

Although the title of the Citron article is:

“PolarityTE: This Game Is Over! Price Target — $2”

So maybe not ZERO?

Several days ago, PolarityTE decided to respond to all these allegations on their website. They accuse Citron Research of being a tool used by “notorious short sellers”. They also criticize the founder of Citron.

Citron’s founder, Andrew Left, supposedly focuses his coverage on companies that he believes are overvalued or are engaging in fraud. There has also been some unusual trading activity around PTE in recent weeks.

I know that many of this blog’s readers purchase stocks in hair loss related companies. I would be very cautious about all companies involved in this sector. Especially when it comes to newer start-ups that largely rely on one or two products and their future potential.

In related news:

  • Restoration Robotics (HAIR) stock is down 75 percent in the past year. The company makes the renowned ARTAS robotic hair transplantation system. Maybe this lawsuit is partly to blame?
  • Aclaris Therapeutics (ACRS) stock is down over 50 percent during the past year.